£252,162
This estimated value is based upon the latest sale price for the house of £159,950 on 25 May 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £159,950 | 25 May 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 64 sq meters or 688 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in May 2007 the House Price Index for NORTHUMBERLAND was 93.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.651%.Applying this 57.651% change to the original purchase price of £159,950 results in an estimated price of approximately £252,162.
| 25 May 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 146.7 | 57.651 % | £159,950 | £92,212 | £252,162 |
The Postcode Pricing Model uses changes in average sales price within the NE23 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 27.192 % | £43,492 | £203,442 |
| 3 Month Average | 28.781 % | £46,035 | £205,985 |
| 6 Month Average | 14.557 % | £23,283 | £183,233 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 Jun 2020.
The average size of a house on NEEDHAM PLACE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newlyn Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newlyn Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newlyn Drive |
| Feb 2024 | Public order | Under investigation | On or near Newlyn Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Newlyn Drive |